The battle between Russia and the credit card companies continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
According to the 2014 European B2C E-commerce Report, Europe is no longer the top region when it comes to online shopping. The latest data shows that the Asia-Pacific region – largely driven by the Chinese e-commerce market – made € 406.1 billion turnover in 2013,...
Bradesco, one of major banks, registered 580M mobile transactions in January-May 2014 a 100 percent y-o-y growth. In May there were 140M and 120M in April. Bradesco launched a free-access service for smartphones having signed deals with the four biggest telcos. The 9M-downloads app counts...
Taxi apps in Brazil such as 99Taxis, Easy Taxi, TaxiBeat and Taxijá fight for corporate users. Having on-loaded 50k taxis, 99Taxis counts with corporate solution Voucher 99 and already has signed deals with 500 firms. The employee pays for the ride while taxi driver fills...
Brazilian Development Bank BNDES will start using Brazilian Payment System by end of June. For this reason it will discontinue intermediation of third parties. This change will bring better customer services and more efficiency according to the bank. All accounts held at third parties will...
North American-based First Global Data has formed a JV with the Chennai-based teleshopping venture RP Telebuy to deploy an m-payment and digital wallet in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Telco regulator Anatel is seeking new business models for pay phones. In 2004, 42 percent of population used orelhaos vs. 4 percent in 2010 as mobile phones became widespread. Prepaid magnetic cards will be discontinued in three years as only 132M were manufactured in 2011...
Santander signed a partnership with Funding Circle, a P2P network, to mutually refer potential lenders in UK. Authorities back P2P lending as it allows financing for SMEs. In February it financed a GBP 40M loan round by Funding Circle. Get the Full Story Complete the form...
A research by Kantar Worldpanel forecasts fast moving consumer goods ecommerce will account for USD 53 B by 2016 vs. USD 36 B in 2013 making it grow to 5.2% from 3.7%. Country analysis shows that in South Korea 55% of people buy online and...
